NIFTY 50

Media Dialogues: Here's Fabindia's take on how COVID-19 will transform the retail sector business

Updated : June 19, 2020 10:59 PM IST

How is the retail sector managing the reopening and given that there is little appetite for discretionary expenditure, will the sector have to make long-term structural changes to survive? To answer this question, Anuradha Sengupta spoke to William Bissell, chairman of Fabindia and Viney Singh, managing director at Fabindia.

Fabindia started in 1960 as a single store and today operates 327 stores in 118 cities. It has 3.8 million customers on its loyalty programme and its turnover last year was over Rs 1,000 crore.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV